DUBLIN--(BUSINESS WIRE)--Jun 10, 2021--
The "Route Optimization Software - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Amid the COVID-19 crisis, the global market for Route Optimization Software estimated at US$3.6 Billion in the year 2020, is projected to reach a revised size of US$7.2 Billion by 2027, growing at a CAGR of 10.5% over the period 2020-2027.
Software, one of the segments analyzed in the report, is projected to record 10% CAGR and reach US$4.4 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Services segment is readjusted to a revised 11.5% CAGR for the next 7-year period.
The U.S. Market is Estimated at $1.1 Billion, While China is Forecast to Grow at 10.2% CAGR
The Route Optimization Software market in the U.S. is estimated at US$1.1 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.3 Billion by the year 2027 trailing a CAGR of 10.2% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 9.1% and 9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 7.7% CAGR.
Select Competitors (Total 36 Featured):
- Advanced Manufacturing Control Systems Limited
- ALK Technologies Inc.
- FLSmidth & Co. A/S
- GeoConcept SA
- Google LLC
- LLamasoft, Inc.
- Microlise Limited
- Omnitracs, LLC
- OptimoRoute Inc.
- Paragon Software
- PTV Group
- Scientific Logistics
- Verizon Connect
- Wise Systems, Inc.
Key Topics Covered:
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
- Total Companies Profiled: 36
For more information about this report visit https://www.researchandmarkets.com/r/p96jnm
View source version on businesswire.com:https://www.businesswire.com/news/home/20210610005527/en/
Laura Wood, Senior Press Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
INDUSTRY KEYWORD: TECHNOLOGY SOFTWARE
SOURCE: Research and Markets
Copyright Business Wire 2021.
PUB: 06/10/2021 07:58 AM/DISC: 06/10/2021 07:58 AM